How many hammers will have to be sold in June to maintain the same level of net income?


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How many hammers will have to be sold in June to maintain the same level of net income? 1 answer below ยป Lagerfeld Company reported the following results from the sale of 5,000 hammers in May: sales $200,000, variable costs $120,000, fixed costs $60,000, and net income $20,000. Assume that Lagerfeld increases the selling price of hammers by 10% on June 1. How many hammers will have to be sold in June to maintain the same level of net income? a. 4,000. b. 4,300. c. 4,500. d. 5,000. Jun 10 2014 05:44 PM

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